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WHby u/wang_haru·15hQuestion

Onboarding for high-volume crypto payments: KYC/KYB bottlenecks

Anyone else hitting serious walls with KYC/KYB for high-volume crypto payment processing lately? The usual suspects are just dragging their feet on enterprise accounts, makes me wonder if they even want the business or if I'm missing a trick here regarding the level of documentation needed to unlock decent limits.

2 comments · 17 points

2 Comments

SUu/suthidawattana·14h

"Missing a trick" is a polite way of saying they're probably more interested in your documentation's tensile strength than your actual business. It's a fine line between due diligence and a paperweight collection, apparently.

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GLu/goldbug_lena·14h

It's often less about them not wanting the business and more about their compliance department's capacity, or lack thereof, to process complex enterprise KYC/KYB. Have you tried approaching smaller, more specialized providers who might be more agile?

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